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could be something you wear on your wrist. cnbc's mandy drury is here with what's moving your money. like a dick tracy watch? >> absolutely. the word is apple is experimenting with designs for a watch-like device that would perform some functions of a smartphone. of course, other companies have introduced various kinds of wearable gage either, you may even have one while you're jogging that measures physical activity, but you have to make that extra leap. it could be quite difficult, because you have to address all kinds of challenges like making the displays more power efficient, and obviously the device would also need to work closely with the iphone as well. >>> all right. only a few more days until valentine's day. cupid is about to give the economy a shot in the arm. >> guess how much the average person is planning to spend this valentine's day? ivities i actually know the answer, but i would have guessed like, what, $50, $60? >> according to big insight, over $130. i was surprised, too. that was on everything, candy, cards, gifts, i don't know, romantic evening out? it is only
. >>> the tax man cometh. there is a new movement to tax internet shopping. mandy drury is here. they seem to become united on stopping the tax-free shopping. they want the cash. >> absolutely. critics on both sides of the aisle have introduced legislation that could force retailers to collect sales taxes in order to end the handicappeds on the brick and mortar stores. it would allow taxes on transactions from within the state so long as the online business has more than $1 million in annual domestic sales. on the flipside, as you can imagine, some tech companies have spoken out and argued that an online sales tax like that would stunt the growth of online retail and some republicans have even said it's basically a tax increase. we'll have to see how it goes and it's quite significant for stocks like amazon. >> and speaking of shopping, that iconic blue box from tiffany's, tiffany's suing costco because of knock-often gaugeme off engagement rings? >> yes. not just recently but apparently for many years. the lawsuit will seek exactly how many rings costco sold and the source of the jewelry
'll bring it to you in ten minutes. stick around for that. >>> an airline megamerger is taking flight. mandy drury is here with what's moving your money. >> they're getting together on valentine's day. well, this merger is going to cut down the number of major u.s. airlines now to four. you've got the new american, you'll have united, delta, and southwest. so everyone is kind of asking, what does that mean for me, the consumer. well, it potentially means higher prices, less competition, higher prices. we'll have to wait and see. also, richard, most airline mergers have resulted in a reduction of flights and also shrinkage at some hubs. but management is saying this is different because u.s. airways and american overlap on just 12 routes. if you are a traveler, you will not notice immediate changes. it is likely going to be months for example, the frequent flier miles are combined and years before the two airlines are integrated. in other words, don't panic. >> not yet. >> we'll move from the world's largest airline to automobiles, and you've got news on what is the most dependable. >> yeah.
Search Results 0 to 5 of about 6 (some duplicates have been removed)